Lithium Americas Corp (NewCo) (NYSE: LAC) is 1.68% higher on its value in year-to-date trading and has touched a low of $2.02 and a high of $5.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LAC stock was last observed hovering at around $2.94 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $3.02, the stock is 8.99% and 7.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.46 million and changing 2.72% at the moment leaves the stock 0.98% off its SMA200. LAC registered -32.74% loss for a year compared to 6-month loss of -25.98%.
The stock witnessed a 17.97% gain in the last 1 month and extending the period to 3 months gives it a -1.31%, and is 3.78% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.04% over the week and 6.80% over the month.
Lithium Americas Corp (NewCo) (LAC) has around 79 employees, a market worth around $660.99M and $0.00M in sales. Distance from 52-week low is 49.50% and -41.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.98%).
The EPS is expected to grow by 2.34% this year.
Lithium Americas Corp (NewCo) (LAC) Top Institutional Holders
The shares outstanding are 218.47M, and float is at 184.63M with Short Float at 18.32%.
The top institutional shareholder in the company is GENERAL MOTORS HOLDINGS LLC with over 15.0 million shares valued at $40.21 million. The investor’s holdings represent 7.3373% of the LAC Shares outstanding. As of 2024-06-30, the second largest holder is GENERAL MOTORS HOLDINGS LLC with 15.0 million shares valued at $48.01 million to account for 7.0466 of the shares outstanding. The other top investors are VAN ECK ASSOCIATES CORP which holds 3.95 million shares representing 1.9334% and valued at over $10.59 million, while MARSHALL WACE, LLP holds 1.8709 of the shares totaling 3.83 million with a market value of $10.25 million.
Lithium Americas Corp (NewCo) (LAC) Insider Activity
The most recent transaction is an insider sale by GRANDY EDWARD, the company’s Sr VP, GC & Secretary. SEC filings show that GRANDY EDWARD sold 23 shares of the company’s common stock on Apr 17 ’25 at a price of $2.68 per share for a total of $62.0. Following the sale, the insider now owns 0.15 million shares.
Lithium Americas Corp (NewCo) disclosed in a document filed with the SEC on Apr 03 ’25 that BROWN MICHAEL JOHN (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Apr 03 ’25 and was made at $2.71 per share for $2710.0. Following the transaction, the insider now directly holds 5101.0 shares of the LAC stock.
